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SARS: Employment Tax Incentive (ETI) values increased from 1 March 2022

SARS communicated a website update relating to the increase in ETI values announced by the Minister of Finance in his 2022 budget speech:

“Kindly note the important update on the SARS website in relation to the ETI values

Expanded news item: https://www.sars.gov.za/latest-news/66317/:

Home » Latest News » Employment Tax Incentive (ETI) Values from 1 March 2022

Employment Tax Incentive (ETI) Values from 1 March 2022

4 March 2022 – Minister of Finance announced an increase in the ETI values which came effective 1 March 2022.

This information was published in the draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill of 23 February 2022.

For more information see the Employment Tax Incentive webpage.”

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